Sumitomo Rubber Industries Ltd. (TYO:5110) has reached a settlement with Timsun Rubber Tire (Weihai) Co. Ltd. by employing the mediation of the Beijing Intellectual Property Court. Sumitomo Rubber had been seeking an injunction against the Chinese tire manufacturer for, among other things, infringing its patent rights, specifically Chinese Patent Number ZL201110212627.X, and design rights, specifically Chinese Design Right Number ZL201130113641.5....
intellectual property
Rubber Machinery Systems Maker Suzuka Engineering Reaches Financing Agreement
Suzuka Engineering Co. Ltd. (Headquarters: Yokkaichi City, Mie Prefecture) reached a financing agreement last November with Hyakugo Bank Ltd. (TYO:8368) on the basis of an intellectual property business assessment report. Serving a wide spectrum of the rubber industry, Suzuka Engineering independently develops and designs rubber manufacturing processes and, most notably, industrial machinery instruments and systems for kneading operations. On the...
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